About Us

Founded in 2007, Auction.com is the nation’s leading online real estate marketplace, having sold more than $26 billion in residential and commercial assets.
Attracting buyers from more than 100 countries worldwide, the company serves a wide variety of real estate customers – from major financial institutions and
institutional investors to individual consumers and real estate professionals. Auction.com's mission is to provide the most trusted online real estate marketplace,
making transactions easier and more transparent.
The company's senior management team boasts a unique combination of experience in real estate, technology, marketing and auctioneering, and is revolutionizing the way real estate is bought and sold by leveraging internet technology to streamline what has traditionally been a cumbersome, complicated and paperwork-intense process. Auction.com brings quality residential and commercial assets to the market, making prospective buyers aware of those properties through world-class marketing and leveraging state-of-the-art technology to conduct transactions in a more transparent, efficient manner.

Bringing buyers and sellers together on an easy-to-use and transparent platform that leverages the competitive bidding process provides an expedited timeframe for sales while yielding the true market value of any real estate asset, whether it be a luxury home, a multi-story Class A office building, an entry-level foreclosed home, or a self-storage facility. All of this is done in collaboration with buyers’ and sellers’ agents to ensure that everyone gets the information they need to ensure a satisfying experience and optimal outcome.

With over 900 employees, Auction.com is headquartered in Irvine and Silicon Valley, California, and has offices in Austin and Plano, Texas, Miami, New York, Atlanta and Denver.

As a value-added service to real estate investors looking to increase their buying power, Auction.com also offers financing options through its subsidiary, Auction Finance.

Quick Stats

First auction held in 2007

Launch of online platform in 2008

$26+ billion and 100,000+ in residential
and commercial properties sold

Largest Transaction: $74.5 million

Buyers from 100+ countries worldwide

Leadership

Our founding team has been collaborating over the past 20+ years, building the vision and foundation for Auction.com. Rob and Jeff co-founded Auction.com
after years of building several successful real estate and technology businesses together. Monte was a founding partner in 2007, has served as a board member
and financial advisor since the company's founding, and joined the company full-time in 2012.

Robert Friedman
Chairman and Co-Founder

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Jeffrey Frieden
CEO and Co-Founder

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Monte Koch
Vice Chairman and Co-Founder

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Jake Seid
President

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Jason Allnutt General Manager, Residential

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Tim Morse Chief Financial Officer

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Ravi Keswani Chief Technology Officer

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David Thompson Chief Marketing Officer

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Kenneth A. RivkinCRE Managing Director

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Gordon Smith General Manager, CRE

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Non-Executive Directors and Advisors

Jeff EpsteinFormer Oracle CFO

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Kevin JohnsonFormer Microsoft Executive

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David LaweePartner of Google Capital

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Deep NisharSenior Internet Executive

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Agha S. KhanSenior Principal

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Michael D. GregorichPrincipal

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Peter M. MundheimPrincipal and Counsel

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Robert FriedmanChairman and Co-Founder

Rob has been intimately involved in the real estate industry for over 20 years. Truly the visionary of this dynamic company, his exceptional business instinct and experience has shown a path to success amidst some of the nation’s most difficult economic times. He is responsible for setting the strategic direction of the company, and surveying the business landscape for growth opportunities.

Rob is a licensed Auctioneer and the author of the book “The Auction Revolution.” Born and raised in Orange County, California, he has two children and contributes to a number of charitable organizations with both his time and money.

Jeffrey FriedenCEO and Co-Founder

Jeff is responsible for changing Auction.com’s conceptualized business vision into a successful reality. With his strong entrepreneurial spirit and remarkable talent for driving sales and marketing, he has led the company in becoming the dominant player in the real estate auction industry—with sights set on bringing the auction model to other asset classes.

Jeff is a native of Orange County, California, and a supporter of numerous charitable organizations.

Monte KochVice Chairman and Co-Founder

Monte joined Auction.com after more than 25 years in investment banking. He was most recently at Deutsche Bank Securities Inc., where he served as the Global Head of Real Estate Investment Banking. At Deutsche Bank, Monte built the real estate banking team into one of Wall Street’s most successful practices. He also served as Deutsche Bank’s Chairman of M&A for the Americas, leading strategic dialog and tactical deal execution for some of the firm’s most prominent clients.

Monte has been a key part of Auction.com since its inception and has acted as a guiding force in the company’s phenomenal growth. When the company expanded into new areas of real estate sales and services, Monte joined the executive ranks to lend his expertise and experience to the company. Monte is also a member of Auction.com’s board of directors.

Jake SeidPresident

Jake oversees overall company operations. Prior to joining Auction.com in 2011, Jake was a Managing Director at Lightspeed Venture Partners. While there, he was an active board member and investor in private growth companies in the U.S. and abroad. Jake also served on the firm’s Investment Committee.

Prior to Lightspeed, he was an early employee in Cisco Systems’ Broadband Internet Cable Operator Business Unit. He participated in its growth from an annualized revenue run rate of $1 million to $1 billion and from 0% to over 90% market share.

Jake earned both his M.Eng. in Electrical Engineering and Computer Science and his B.S. in Electrical Engineering from MIT. At MIT he was awarded the Karl Taylor Compton Prize, the highest honor given to an MIT student. In 2009, he was honored by the World Economic Forum as one of its Young Global Leaders.

Before entering the technology world, Jake grew up learning about real estate, including construction, property management and transactions, as part of his family’s business.

He is excited to combine his technology and real estate experience at Auction.com.

Jason Allnutt General Manager, Residential

Jason became Chief Business Officer for the Company in 2009. In his role, Jason is responsible for business development and the strategic development of residential auction products and clients.

Prior to joining Auction.com, Jason served as the executive in charge of Credit Operations for Fannie Mae from 2004 through 2009. His responsibilities included underwriting, servicing and REO.

Previous to his position at Fannie Mae, Jason served as the Vice President of Default Administration for GMAC ResCap.
He is a graduate of UCLA. He resides in California with his wife and four children.

Tim Morse Chief Financial Officer

Tim oversees Auction.com’s financial operations and growth strategies from the company’s Silicon Valley office. Prior to joining, Morse helped numerous technology companies – from start-ups to industry powerhouses – implement strategies that support sustainable growth including years at Yahoo! Inc. (NASDAQ: YHOO) where he held the role of chief financial officer and interim chief executive officer. After leaving Yahoo! in the fall of 2012, Tim joined online advertising start-up Adap.tv, where he led IPO efforts to near conclusion. Just before going public, the fast-growing tech company was acquired by AOL, Inc. (NYSE: AOL).

For 15 years, Morse also held numerous positions of progressively greater financial leadership with the General Electric Company, driving value creation initiatives for GE Capital, GE Corporate, GE Appliances and GE Plastics. In July 2005, Morse was named CFO and general manager of business development for GE Plastics. He left GE in 2007 to become CFO for the Altera Corporation (NASDAQ: ALTR), a San Jose-based maker of programmable logic semiconductors.

Ravi Keswani Chief Technology Officer

With more than 20 years in the technology industry, Ravi brings a wealth of operating experience to Auction.com. Ravi has been consistently successful in bringing top performing products to market by leading software and infrastructure development at various start-ups to established companies.

Most recently, Ravi served as VP of Engineering and Products for Betfair. He also served on the Board of Directors for Kabam. Prior to Betfair, Ravi was the VP of Engineering at Coupons.com. As VP of Engineering at PocketThis, Ravi played a key role in building an award-winning wireless data services platform with operations in Europe and the U.S. As a member of the senior management team at NBC Internet, he was instrumental in the launching of a top 10 internet property at the time and a subsequent successful IPO. Ravi has also held Engineering positions at, CNET, EDS and Intergraph Corporation.

Ravi holds a Master’s degree in mechanical engineering from Rensselaer Polytechnic Institute. He’s named on two granted patents in online offer distribution systems and DRM systems for internet consumer applications.

David Thompson Chief Marketing Officer

David leads branding, lead generation, product marketing and corporate communications. Prior to joining Auction.com, Thompson was the CMO of WebEx, where he named and launched the company, positioned it as a global business brand, helped guide it through an IPO and grew the business to 2500 employees and $300 million in recurring revenue. He was also CEO and co-founder of Genius.com/LeadRocket (acquired by CallidusCloud), an early leader in the digital marketing automation space, where he grew the company to more than 3,000 customers, 80 employees and earned a place on the Inc. 500 list of fastest growing tech startups.

Thompson served as senior vice president of marketing at Ustream, a leading platform for live video streaming, and has led product, marketing, and business development efforts at a diverse set of technology companies, including Microsoft and Quarterdeck.

David is the founder of the Sales 2.0 conference, a community-based effort to educate B2B sales and marketing professionals about the power of Web and mobile technologies to increase revenue generation potential across their organizations. He is also active in the Bay Area arts community supporting non-profit arts organizations.

Thompson holds a bachelor’s degree from Yale University.

Kenneth A. RivkinCRE Managing Director

Ken Rivkin joined in 2009 and is responsible for the commercial real estate division.

Previously, Ken held senior roles in mortgage origination, structuring and trading/distribution at Bank of America, Credit Suisse and their predecessors. He was most recently a managing director at Credit Suisse. Ken began his career in real estate finance as a bank construction lender.

Ken is a graduate of Brown University and MIT Sloan School of Management, and was a NATO CCMS Fellow. He serves on the board of National Cooperative Bank, Commercial Real Estate Finance Council and the Governance Committee of the Mortgage Industry Standards Maintenance Organization (MISMO).

Gordon SmithGeneral Manager, CRE

As general manager of Auction.com’s Commercial Real Estate division, Gordon oversees the company’s work in all commercial real estate sectors as well as Auction Finance, which facilitates access to Auction.com’s preferred lenders and helps bidders access the proof of funds needed to participate on the platform.

Prior to joining Auction.com, Gordon was a managing director with Fortress Investment Group, where he was responsible for overseeing several of the company’s real estate and financial services investments. Prior to Fortress, he served as a director for the Global Principal Finance Group at Union Bank of Switzerland (UBS) and as director at BlackRock Financial Management.

Gordon is a past board member of CW Financial Services, a diversified real estate asset management and lending business; Intrawest, a premier North American mountain resort and adventure company; Abercrombie & Kent, a leading global luxury travel operator; Annington Homes, a $8.5 billion residential real estate company; and Mapeley, one of the largest commercial landlords in the United Kingdom. He holds an MBA and a bachelor’s in economics from Santa Clara University in California.

Jeff EpsteinFormer Oracle Chief Financial Officer

Jeff is an operating partner at Bessemer Venture Partners and a lecturer at Stanford University. He serves on the board of directors of The Priceline Group, the world’s largest hotel marketplace, Shutterstock, the fast-growing marketplace for professional photography, Kaiser Permanente and Global Eagle Entertainment.

In his former position as executive vice president and CFO of Oracle, Jeff led the finance organization for one of the world’s largest and most profitable technology companies and understands the elements that comprise a technology industry leader. Prior to joining Oracle, Jeff served as chief financial officer of several public and private companies, including DoubleClick, which was sold to Google; King World Productions, which was sold to the CBS Corporation; and Nielsen’s Media Measurement and Information Group. Earlier in his career, he was an investment banker at The First Boston Corporation.

Jeff holds an MBA from the Stanford University Graduate School of Business and a bachelor’s degree from Yale College.

Kevin JohnsonFormer Microsoft Executive

Retired Juniper Networks’ CEO and former Microsoft Executive Kevin Johnson joined Auction.com’s Board of Directors in 2014. Recognized for his leadership, expertise, and vision, he has served as director on the board of Starbucks Coffee Company since 2009 and held board positions with non-profit organizations focusing on technology and women's career advancement.

Kevin retired from Juniper Networks in January 2014, having served as the company’s CEO and a member of its board of directors for over five years. During his tenure at Juniper, revenue grew from $2.8 billion in 2007 to $4.6 billion in 2013 through innovative products and a more diversified customer base. Prior to his work at Juniper, Kevin held a range of executive positions over a 16 year career at Microsoft Corporation, including group vice president of worldwide sales, marketing and services, and eventually serving as president of the company’s platforms division, where he was responsible for the Windows and online services businesses.

In 2008, he was appointed by President George W. Bush to the National Security Telecommunications Advisory Committee (NSTAC) where he served President's Bush and Obama through 2013.

David LaweePartner of Google Capital

David Lawee is a Partner of Google Capital and became an observer to the Auction.com Board of Directors in 2014.

Previously, David was Google’s Vice President of Corporate Development, managing the company's acquisitions and investments. Over David’s five year tenure Google acquired approximately 100 companies. Before that, as Google’s first Vice President of Marketing, David managed all of Google's consumer, advertiser and partner marketing, globally.

Before joining Google, David was a founder of Xfire, a leading online gaming community, which was acquired by Viacom. Previously, David co-founded 3 other start-ups including Mosaic Venture Partners, a leading Toronto-based venture capital firm. He also worked as a management consultant at McKinsey & Company.

David holds degrees in law and philosophy from McGill University and the University of Western Ontario respectively, as well as an MBA from the University of Chicago.

Deep NisharSenior Internet Executive

Senior Internet executive Deep Nishar became an advisor to Auction.com in 2014. The former LinkedIn Senior Vice President brings to Auction.com more than 20 years of experience managing large, global organizations focused on creating brilliant yet simple products that change the lives of users.

At LinkedIn, Deep led overall product strategy and user experience, where his efforts yielded the World’s largest and most powerful professional network – with 300+ million members and revenue growth from under $80M in 2008 to $1.5 billion in 2013. Previously serving as senior director of products at Google, his achievements in innovation included establishing the company’s mobile business beginning in 2005 and winning the Google Founders Award.

Deep serves as a Board Member of leading internet companies including TripAdvisor and Opower, and is an investor in multiple Silicon Valley startups including Spool (acquired by Facebook in 2012), Adku (acquired by Groupon in 2012) and Aardvark (acquired by Google in 2010).

Deep has been awarded three patents, has four additional patents pending and holds an MBA from Harvard Business School, an MSEE from the University of Illinois at Urbana-Champaign, and a bachelor’s degree in technology from the Indian Institute of Technology at Kharagpur.

Agha S. KhanSenior Principal

Agha Khan is a Senior Principal of Stone Point. He joined Stone Point in 2002. Previously, Mr. Khan was an Analyst in the Financial Institutions Group at Salomon Smith Barney. Mr. Khan is a director of Access Point Financial, Inc., The ARC Group, LLC, Auction.com, LLC, Home Point Capital Inc., Lancaster Pollard Holdings, LLC, and Prima Capital Advisors, LLC. Mr. Khan holds a B.A. from Cornell University.

Michael D. GregorichPrincipal

Michael D. Gregorich is a Principal of Stone Point. He joined Stone Point in 2000. Previously, Mr. Gregorich was a Senior Vice President at Donaldson, Lufkin & Jenrette, Inc. in the Financial Institutions Investment Banking Group, where he specialized in the insurance industry and worked on a variety of merger and acquisition advisory and capital-raising assignments.
Mr. Gregorich is a director of APCO Holdings, Inc., Auction.com, LLC, C3/CustomerContactChannels, L.P. He holds a B.A. from Middlebury College and an M.B.A. from the New York University Leonard N. Stern School of Business.

Peter M. MundheimPrincipal and Counsel

Peter M. Mundheim is a Principal and Counsel of Stone Point. He joined Stone Point in 2001. From 1997 to 2001, Mr. Mundheim was an attorney at Cleary, Gottlieb, Steen & Hamilton LLP in the corporate department. Prior to joining Cleary Gottlieb, Mr. Mundheim served as a law clerk for Chancellor William T. Allen in the Delaware Court of Chancery.
From 1992 to 1993, Mr. Mundheim was an assistant product manager at Commerce Clearing House in Chicago. Mr. Mundheim is a director of Access Point Financial, Inc., Auction.com, LLC, C3/CustomerContactChannels, L.P., NEBCO Insurance Services, LLC and Privilege Underwriters, Inc. He holds an A.B. from Duke University and a J.D. from the University of Pennsylvania Law School.

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Investors

Stone Point Capital is a global private equity firm that has raised over $10 billion of committed capital. Stone Point Capital primarily targets investments in the insurance and financial services industries including insurance underwriting, distribution and services, benefits and healthcare, asset management and retirement savings, and banking and depository institutions. The firm has an experienced investment team and possesses specialized knowledge and proprietary deal flow in these sectors.http://stonepointcapital.com

Google Capital is a growth equity fund backed by Google. Google Capital invests in companies that use technology to change the way people experience the world. Advised by Google technology and product leaders, the Google Capital team has the extensive operational and technical expertise to make smarter investments and help their portfolio companies succeed. www.googlecapital.com/